Spread.NET 17 Formula Reference
Formula Functions / Functions A to C / COUPNUM
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    COUPNUM
    In This Topic

    This function returns the number of coupons due between the settlement date and maturity date.

    Syntax

    COUPNUM(settlement,maturity,frequency,basis)

    Arguments

    This function has these arguments:

    Argument Description
    settlement Settlement date for the security
    maturity Maturity date for the security
    frequency Frequency of payment, number of coupon payments per year; must be 1, 2, or 4
    basis [Optional] Integer representing the basis for day count (Refer to Day Count Basis.)

    Remarks

    This function returns an error if settlement or maturity is invalid (#VALUE!), or if frequency is a number other than 1, 2, or 4 (#NUM!). All arguments are truncated to integers. If basis is greater than 4 or less than 0, a #NUM! error is returned. If settlement is greater than or equal to maturity, a #NUM! error is returned.

    Data Types

    Accepts numeric and DateTime object data. Returns numeric data.

    Examples

    COUPNUM(A1,A2,A3,A4)

    COUPNUM(R6C3:R9C4)

    Version Available

    This function is available in product version 2.0 or later.

    See Also

    COUPDAYS | Financial Functions